I want to clear up some frequent confusion about various money matters. My chum Stan is the classic example of somebody who misses out offers on money products. He doesn’t bear a supreme credit rating, though he needed additional money in order to meet a brand new extension to his house. A pay day loan wouldn’t cover it, because most payday loans have a top limit of around 750 GBP. Stan thought he had no further possible choice. eventually he came to me, and thank god he did! I informed him about bad credit rating loans. these loans are open to for persons alike with Stan. in other words he can access cash – and no slammed doors from the loan provider!

Another topic I had to advise Stan on is foreign exchange. He didn’t even understand how much he might be saving if he had used a FX broker when he attained his house in Provence. Again, I had explain to Stan that if one make foreign transactions then it is best to use a currency exchange bank there are many of them on the net.

Sooner or later I was informing Stan about prepaid credit cards. Being poor at spending money, I told him about how FX cards can control spending. The card acts similar to a normal debit card, although there is no possibility to end in debt! the user tops up the card with own cash and use it until the funds run out! Finally, Stan gained a lot of from me!!

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